522 RIDGEWAY Road
About This Property
Outside, trex decking on the front porch and other exterior elements such as impact windows & doors, brick pavers, and Hardiboard siding ensure this to be a secure and low maintenance home for years to come.
Located in Zone X, this property assures peace of mind with its designation outside flood hazard zones, while its proximity to local attractions epitomizes the coastal lifestyle. Nearby points of interest include the county pier, splash park, and renowned dining spots like Beachcomber, Salt Life food shack and Mango Mangos.
Indulge in the pinnacle of coastal living where every detail has been curated to elevate your experience of home.
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Cap Rate Calculator
What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 22, 2024 | Sold | ||
| Sold | |||
| Jul 15, 2024 | In contract | - | |
| In contract | |||
| Jul 8, 2024 | Listed by WATSON REALTY CORP | $1,495,000 | |
| Listed by WATSON REALTY CORP | |||
| Jun 1, 2020 | Sold | ||
| Sold | |||
| Dec 14, 2019 | Listed by WATSON REALTY CORP | $709,900 | |
| Listed by WATSON REALTY CORP | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017